What do you need to become a successful trader?

[ryzaadit]

You need to figure it this first :

• Emotional
• Psycology

If you asking why not learn about TA/FA, You can learn that after learn of this 2 kind of patience & spiritual. Learning TA/FA was easy everyone can do that, but having a good emotional & psychology went doing a trade was really hard. We all know, trading was not really using a strategy but doing a trade sometimes can make you stressful if you got a wrong prediction and if you got a down asset it make you more stressful and cant make a good decision

[1715051844]

1715051844

[1715051844]

1715051844

[serantepe]

You need to figure it this first :

• Emotional
• Psycology

If you asking why not learn about TA/FA, You can learn that after learn of this 2 kind of patience & spiritual. Learning TA/FA was easy everyone can do that, but having a good emotional & psychology went doing a trade was really hard. We all know, trading was not really using a strategy but doing a trade sometimes can make you stressful if you got a wrong prediction and if you got a down asset it make you more stressful and cant make a good decision

You also need to be lucky and you should like the process of trading, because if you think about how to get rich very quickly, you will lose.

[Golftech]

You need to figure it this first :

• Emotional
• Psycology

If you asking why not learn about TA/FA, You can learn that after learn of this 2 kind of patience & spiritual. Learning TA/FA was easy everyone can do that, but having a good emotional & psychology went doing a trade was really hard. We all know, trading was not really using a strategy but doing a trade sometimes can make you stressful if you got a wrong prediction and if you got a down asset it make you more stressful and cant make a good decision

Emotional stress beats things around this activities. If you'll follow every emotions that will bring out from this market, it will add up more stress and it can result to more mistakes in taking the path of your investment. You can learn the process when you already have the right attitude to use while trying to improve your chances. Skills can be enhanced from time to time, you just need to be open to grab your opportunities.

[BUK2016]

What I will encourage you to do is that not all the trading testimony you see online are true because there are claiming to be successful in there trading and at the end send you there referral link for you to register an account with the site and not necessarily because they were successful trader but just to a referral bonus from you. Try as much as possible to learn what it takes to be a successful trader before you invest your money in other to avoid heavy lose of your investment capital.

[sana54210]

It seems to me that, in the first place, in addition to the initial knowledge that every trader should possess, a person should also have the ability to select more suitable coins for trading, which will give good results both in daily trading and in creating orders for a long period.

Selecting a more suitable coin for trading also depends on your level of research, you should be ready to make some deep research about the selected coin before you start trading it otherwise, you just go on trading the most popular coins that we have in the market and the best coin that is suitable for trading right now are still the coins that are like 5 best coins in the market, which you can pick out from the market with the top 50 coins.

If we are able to pick those coins out, then that is where our strategies comes to play, we must have the strategy developed that we will use for those coins, and developing strategy too still depend on a level of knowledge we have about trading, so in short, everything all depend on vigorous learning to be successful.

[South Park]

If you had a gold mine would you teach others where is it?

So why all those people are pretending to be able teaching you something?

Why they are just not making money themselves with all that wisdom they have?

It is interesting that you bring this up, it is widely know that many of the books which contain trading systems are created by people that do not trade and that earn their money by selling books about how to trade, if you took the time to backtest their systems you will realize that they lose money on the long term, but those people know that people will not take the time to verify who they are or to tests their systems so they can get away with their scam and no one exposes them for what they are.

[wxxyrqa]

No one will ever give you a typewriter that prints money for free.  Based on this, I believe that no one will talk about their strategy, which is really effective in the cryptocurrency market, in order to get good trading income.  I believe that the basis of everything in the first place is the analysis of those coins, which in our opinion can be profitable from trading.  Since it is quite difficult to analyze all the necessary information about projects and not everyone is capable of it, I, in turn, very often use the coins that I earned in Bounty companies, since for the period of my participation I studied every project and I know in one or another  least about his prospects.  It is in such coins that I prefer to invest and trade them, because I follow the development of prices and the project itself in the cryptocurrency market.

[djkyno]

To become a successful trader, you need both knowledge and experience. You have first to improve your trading skills by getting the required knowledge about studying the markets, analyzing the charts, and choosing the most profitable coins to trade.
Then experience is also required, and you can build it with time.

[Hypnosis00]

To become a successful trader, you need both knowledge and experience. You have first to improve your trading skills by getting the required knowledge about studying the markets, analyzing the charts, and choosing the most profitable coins to trade.
Then experience is also required, and you can build it with time.

I don't think that would be enough in order to succeed. The most important thing is to have passion and dedication to what you are doing, and I know not all of us have this thing. We want to success, we want to earn more but we never work on it hard, it sounds like we did nothing but only just a daydreaming.
Let it be like a life of those successful traders at their early trading days and soon we achieve what we want to be.   

[serantepe]

If you had a gold mine would you teach others where is it?

So why all those people are pretending to be able teaching you something?

Why they are just not making money themselves with all that wisdom they have?

It is interesting that you bring this up, it is widely know that many of the books which contain trading systems are created by people that do not trade and that earn their money by selling books about how to trade, if you took the time to backtest their systems you will realize that they lose money on the long term, but those people know that people will not take the time to verify who they are or to tests their systems so they can get away with their scam and no one exposes them for what they are.

And what is wrong in teaching someone from your friends your own profitable trading strategy?

[Lanatsa]

If you had a gold mine would you teach others where is it?

So why all those people are pretending to be able teaching you something?

Why they are just not making money themselves with all that wisdom they have?

It is interesting that you bring this up, it is widely know that many of the books which contain trading systems are created by people that do not trade and that earn their money by selling books about how to trade, if you took the time to backtest their systems you will realize that they lose money on the long term, but those people know that people will not take the time to verify who they are or to tests their systems so they can get away with their scam and no one exposes them for what they are.

And what is wrong in teaching someone from your friends your own profitable trading strategy?

Theres nothing wrong with it but you should know that not all people do have the same mindsets or behavior when it comes on sharing up something into others specially on money making and as we all know that some or majority are greedy and don't tend or plan to share it out even into their closest friends or even into their relatives.There are people that are like that which doesn't like on giving their profitable strategy but even if you do share up it doesn't mean it would be profitable to someone you had shared into.
Profitability will also depend on your timing and decision making into trading circumstances and not all having the same jurisdiction when it comes to situations being faced up.

[Shutup]

Hello guys, I'm here because am so lost and confused about this whole thing of trading bitcoin or any other market as forex, stocks ...... first, when i started trading bitcoin it because i heard and saw many people talking about it and that you can make a lot of money. I mean yeah at first i made some profits by buying small amounts of bitcoin in Yobit then selling it again when the price goes up, but when day when the bitcoin went down i lost a lot of money.
I didn't quit trading but i moved to forex market. And as all they say technical analysis is the key to win in this market and there's many youtubers showing their money by trading forex anyway I'm not sure of it. The problem lately i watched some people saying that technical analysis is bullshit and I'm really confused

What i want to know is how can i become a successful trader and make money for the rest of my life. Should i learn technical analysis or harmonic patterns......
And which is the best market to trade for a beginner.

A successful trader will reach his goal if he has the right time to buy and sell and especially have patience to monitor the price going up and down to save profit in every trade its really hard to monitor but thats the only way to have profit in every trade. This will give us a sure income in every trade.

[Kasabus]

Snipped...

A successful trader will reach his goal if he has the right time to buy and sell and especially have patience to monitor the price going up and down to save profit in every trade its really hard to monitor but thats the only way to have profit in every trade. This will give us a sure income in every trade.

If you have to make things right, decision making, coins to trade, trading strategies and attitude...you'll be set perfectly. It that be easy to think but somehow it is hard to work on especially if we don't have a strong belief towards crypto. Whan at we have to do now is to be committed and stay calm in all market changes. For not all the time we become successful but for our continuous pursue will help to bring an amazing trading experience that quite to consider as a success into our part.

[lablab03]

do your research and be careful what you do. Don't lose hope in fact there's are still other good project despite of the situation of market so keep searching. And i suggest separate your investment  in to two which dont pyt you egg in one basket so that you can multiply your money easily.  Put more effort because that's the only way to become successful trader on this kind pf business .take all the risk especially if you really have a trust on your skill and you know what will happen in a long run  control your emotions bro.  Always remember that.  Regards..

[South Park]

If you had a gold mine would you teach others where is it?

So why all those people are pretending to be able teaching you something?

Why they are just not making money themselves with all that wisdom they have?

It is interesting that you bring this up, it is widely know that many of the books which contain trading systems are created by people that do not trade and that earn their money by selling books about how to trade, if you took the time to backtest their systems you will realize that they lose money on the long term, but those people know that people will not take the time to verify who they are or to tests their systems so they can get away with their scam and no one exposes them for what they are.

And what is wrong in teaching someone from your friends your own profitable trading strategy?

You did not read my response, what I am saying is that many of the books out there about trading are sharing strategies about how to beat the market but those strategies do not really work and are not profitable, now while at first glance it may seem as if there is nothing wrong with teaching your profitable strategy to others, if you have one to begin with, the problem is that most people cannot remain silent about it and eventually more people will use your strategy, and as more people use the same strategy to earn money the less effective it becomes.

[Questat]

do your research and be careful what you do. Don't lose hope in fact there's are still other good project despite of the situation of market so keep searching. And i suggest separate your investment  in to two which dont pyt you egg in one basket so that you can multiply your money easily.  Put more effort because that's the only way to become successful trader on this kind pf business .take all the risk especially if you really have a trust on your skill and you know what will happen in a long run  control your emotions bro.  Always remember that.  Regards..

Not just we keep on searching cause its numbers it only eating up our time.
To become a successful trader is just like having a long term commitment knowing the fact that we can't simply become successful for a day but it takes years to prove that we are a champion. If we don't have that long-term commitment, we are just simply missing it to achieve what we are aiming for.

It is not just we say and keep saying to become a successful trader without doing anything cause it is only made impossible to happen.

[Question123]

The most important and to me the only thing you need to become a successful crypto currency trader is the knowledge of when to buy at a lower market price and when to sell particularly at your target profit. And to get that knowledge, you will need to learn from the mistake of the people that have failed in the crypto currency trading , why did they fail and those who are making profit from there crypto currency trading how did they make it.

Sometimes because the mistake we already do gives us motivation to become successful just like in trading.
Traders become failed before but because of that failure they will not do that again and change their routine in trading which is changing startegy and keep learning in trading to get more profit. But knowledge is really big help for us.

[Golftech]

The most important and to me the only thing you need to become a successful crypto currency trader is the knowledge of when to buy at a lower market price and when to sell particularly at your target profit. And to get that knowledge, you will need to learn from the mistake of the people that have failed in the crypto currency trading , why did they fail and those who are making profit from there crypto currency trading how did they make it.

Sometimes because the mistake we already do gives us motivation to become successful just like in trading.
Traders become failed before but because of that failure they will not do that again and change their routine in trading which is changing startegy and keep learning in trading to get more profit. But knowledge is really big help for us.

Advance thinker type of a trader will take things into a positive response. After experiencing mistakes from previous attempt of taking position, instead, they'll make it much better in their next time they'll try. Becoming a successful traders can be done with many factors to consider. It's not an easy to go forward and be successfu,l but it needs to have a lot of understanding and lots of doing research to enhance your knowledge and skills from time to time.

[michellee]

The most important and to me the only thing you need to become a successful crypto currency trader is the knowledge of when to buy at a lower market price and when to sell particularly at your target profit. And to get that knowledge, you will need to learn from the mistake of the people that have failed in the crypto currency trading , why did they fail and those who are making profit from there crypto currency trading how did they make it.

Sometimes because the mistake we already do gives us motivation to become successful just like in trading.
Traders become failed before but because of that failure they will not do that again and change their routine in trading which is changing startegy and keep learning in trading to get more profit. But knowledge is really big help for us.

I see that many of us get motivation from other people to experience, so they get a new lesson to trade. If we can do that every day, I am sure that our skills will improve and that will be useful to us to detect the right price to buy and sell. If we are lost but we can learn from losing, we can know how to prevent the same thing in the future. And the best is we can have the experience which other people cannot get. Yes, knowledge will be the most important thing that we need to have.

[GreatArkansas]

For OP. This is my advice to you as trader, I know that feeling, I also experienced that. Always use that feelings for your future, take those as lessons.
Trading is really risky, crypto or non-crypto. You just need to know that in cryptocurrency, there you can see so much volatility on the market.

Techniques? Guides?
You should try the basics first, you will stick first for some tool you are using, if you lost some of trades because you use this method, then it's okay. Try it again, because there are no 100% in trading.

Lastly, in trading, you should think the long term, you can't be rich in just a week in trading. Grow your trading account healthy, because with that, you will end up successful trader. Risk management also, try to study about that, because some of traders now are lack on risk management, they don't know how to manage their trading funds.